In Britain, one in four adults has become a share-owner, having responded to privatization issues and windfall shares from insurance company and building society conversions. If you already have one or two shareholdings, or you are considering shares for the first time, this book will show you how these fascinating and versatile investments can help you achieve your financial ambitions. It covers: the role of shares in financial planning; how to buy and sell shares in the high street, through a traditional broker, or over the Internet; the range of shares available; risk - and how to turn it to your advantage; how shares are taxed, and how, legitimately, to avoid tax; portfolios for every pocket; the perks that accompany some shares; mastering rights issues, takeover bids, and so on; and how to play the stock market without even buying any shares. This revised edition contains new information on privare share transfers, the taxation of capital gains, share buybacks and special types of share such as "zeros". A detailed introduction to the intriguing, fun and potentially rewarding world of share ownership, "The Which? Guide to Shares" comes complete with extensive glossary and a useful address section.
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